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2016 Indian bank data breach

From Wikipedia, the free encyclopedia
Data breach of Indian banks

The2016 Indian bank data breach was reported in October 2016. It was estimated 3.2 million debit cards were compromised. MajorIndian banks, among themSBI,HDFC Bank,ICICI,YES Bank andAxis Bank, were among the worst hit.[1] The breach went undetected for months and was first detected after several banks reported fraudulent use of their customers’ cards inChina and theUnited States, while these customers were inIndia.[2][3]

This resulted in one of the India's biggest card replacement drives in banking history. The biggest Indian bank, the State Bank of India, announced the blocking and replacement of almost 600,000 debit cards.[4]

An audit performed by SISA Information Security reports that the breach was due tomalware injected into thepayment gateway network ofHitachi Payment Systems.[5][6]

See also

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References

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  1. ^Shukla, Saloni; Bhakta, Pratik (20 October 2016)."3.2 million debit cards compromised; SBI, HDFC Bank, ICICI, YES Bank and Axis worst hit".The Economic Times. Retrieved2 April 2020.
  2. ^Gopakumar, Gopika (10 February 2017)."Malware caused India's biggest debit card data breach: Audit report".Livemint. Retrieved2 April 2020.
  3. ^Christopher, Nilesh (28 December 2016)."The worst cyber attacks of 2016".The Economic Times. Retrieved2 April 2020.
  4. ^Iyer, Satyanarayan (20 October 2016)."Security breach: SBI blocks over 6 lakh debit cards".The Economic Times. Retrieved2 April 2020.
  5. ^Mathew, Alex (9 February 2017)."Hitachi Owns Up To Mid-2016 Breach That Compromised 32 Lakh Debit Cards".Bloomberg Quint. Retrieved2 April 2020.
  6. ^Ryder, Rodney D.; Madhavan, Ashwin (2019).Cyber Crisis Management: Overcoming the Challenges in Cyberspace. New Delhi: Bloomsbury Publishing.ISBN 978-93-89165-52-4.
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